The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security ...

New analysis shows only 10% of Americans now benefit from itemizing, but knowing which deductions you can still claim regardless of your filing choice could make a significant difference.

It might sound too good to be true, but paying little to no taxes in retirement can be a reality if you plan ahead, reveals ...

A portion of American taxpayers’ earnings are exempt from taxation. This amount is known as the standard deduction and is ...

Section 22 of the Income Tax Act, 1961, states that the income from house property will be charged under this head. The term “house property” includes any building or land appurtenant thereto. The ...

Nicholas Mirkay, Associate Dean for Academic Affairs and Professor of Law at the William S. Richardson School of Law, joins producer/host Coralie Chun Matayoshi to discuss whether GoFundMe ...

Governor Moore discussed the idea that no Marylanders should be left behind,” Allegany County Attorney T. Lee Beeman told ...

The 2023 grocery tax reduction bill included a mechanism for counties and cities to reduce their local sales tax. According ...

From increased standard deductions to special write-offs for educators and self-employed individuals, understanding these ...

This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers ...

Here are the tax slabs, deductions, and rebates for the financial year 2024-25 or the assessment year 2025-26.